BMO Short Corporate Bond Index ETF (TSX: ZCS)
Canada
· Delayed Price · Currency is CAD | Assets | 2.48B |
| Expense Ratio | 0.11% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.39% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +3.61% |
| Volume | 3,076 |
| Open | 13.47 |
| Previous Close | 13.46 |
| Day's Range | n/a |
| 52-Week Low | 12.83 |
| 52-Week High | 13.59 |
| Beta | 1.12 |
| Holdings | 469 |
| Inception Date | Oct 20, 2009 |
About ZCS
The fund invests in CAD-denominated corporate bonds issued in Canada. The corporate sector is divided into sub-sectors: financial, communication, industrial, energy, infrastructure, real estate and securitization. The fund tracks a market-value-weighted index of investment grade bonds with maturities between 0-5 years. The index is usually rebalanced daily and holds semi-annual pay fixed rate bonds with credit rating of BBB or higher. ZCS aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics. Sibling fund ZCB provides the same exposure with but maturities greater than one year, ZCM and ZLC caters to longer-dated bonds with 5-10 years and 10 years or more remaining to maturity.
Performance
ZCS had a total return of 3.61% in the past year. Since the fund's inception, the average annual return has been -0.73%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.038 CAD | Jul 3, 2024 |
| May 30, 2024 | 0.038 CAD | Jun 4, 2024 |
| Apr 26, 2024 | 0.038 CAD | May 2, 2024 |
| Mar 27, 2024 | 0.038 CAD | Apr 2, 2024 |
| Feb 27, 2024 | 0.038 CAD | Mar 4, 2024 |
| Jan 29, 2024 | 0.038 CAD | Feb 2, 2024 |